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The essential actors in co-ordinating fiscal discipline in Germany are the Federation and the 16 Länder. This article presents an overview of the legal basis of the budgetary process and how it is designed with respect to Federation-Länder relations. Developments since 1945 are also described, including the budget reform of 1969, German adherence to the European Economic and Monetary Union, and the work of the Federalism Commission

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The report "Strengthening entrepreneurship and economic development in East Germany: Lessons from local approaches" is the result of a two-year work programme on the challenges and opportunities for entrepreneurship development in East Germany.